NEAR Blockchain, The Beginner’s Guide - Part 0
NEAR(https://near.org/) is a developer-friendly blockchain that is highly secure and infinitely scalable. Performance-wise it is one of the best chains to build upon.
NEAR is a layer-1 blockchain that works on the Proof of Stake(POS) consensus mechanism. Whoseoever holds higher stake of NEAR have the power to validate transactions on the network.
Roadmaps: https://blocktrain.info/roadmaps
Dev related: https://blocktrain.info/developer
Non dev related: https://blocktrain.info/non-developer
Hindi stuff: https://blocktrain.info/hindi
Chains: https://blocktrain.info/chains
Concepts: https://blocktrain.info/concepts
It uses sharding which splits the work(transaction) across many participating nodes increasing the throughput of the network. More about Sharding can be read here — https://near.org/blog/near-launches-nightshade-sharding-paving-the-way-for-mass-adoption/
Why build on NEAR?
- Sustainability: It works on the Proof of Stake mechanism which helps it in selecting validators based on the holdings that they own.
- Scalable: Infinitely scalable due to sharding.
- Human-readable account names like “name.near” instead of a long string of characters.
- Sub-accounts: Any account on NEAR can have its subaccount. For example “blocktrain.near” can have “grants.blocktrain.near”.
- Fast: About ~1.2 seconds of block time.
- Low Fees
- Developer q — 30% of the gas fees are transferred to the contract owner/developer.
- Token Bridge — Exchange information/token between NEAR — ETH with Rainbow bridge(https://rainbowbridge.app/)
- EVM Compatible — You can easily deploy solidity code on NEAR with Aurora(https://aurora.dev/)
Near Ecosystem
Near blockchain have a growing ecosystem spread accross DeFi, NFT’s, DAO’s, Gaming and Utilities.
- DAO’s on NEAR — https://near.org/use-cases/dao/
- DeFi on NEAR — https://near.org/use-cases/defi/
- NFT on NEAR — https://near.org/use-cases/nft/
Getting Started with NEAR
- Official Near Docs : https://docs.near.org/
- Near Dapps : https://examples.near.org/
- Near University : https://www.near.university/
